The innovation analysis of SMEs financing in Jilin province
Abstract:In the mid and later of 1990th , as the improvement of the degree of the native market and the changes of internal and external commercial environments, SMEs(small and medium-sized enterprises)became more and more popular in the economy, such as being the engine of economic improvement, creating the job opportunities, making the market active and optimizing the industrial construction, and so on. Capital is the blood of enterprise, and the continuous power of the enterprise’s activity. If the SMEs want to develop further, it isn’t avoided that expand the scale of the investment. Now the development of SMEs is universal disturbed by the shortage of capital. So the innovation analysis of the financing is meaningful for the development of the SMEs.
This paper involves the problem how to support the SMEs’ financing. First, the states relative theories in the financing of SMEs. After an empirical analysis of the status of SMEs financing, in Chapter 2, the author sums up the reasons for the difficulties Jilin’s SMEs faced in financing. In Chapter 3, the author introduces other province’s SMEs financing practices and experience which Jilin Province can apply on practice. Based on the above analysis and taking Jilin Province’s reality into account, in the last part of the paper, the author make policy suggestions in order to give certain advice for Jilin Province’s SMEs financing.